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THE COMING GLOBAL ECONOMIC COLLAPSE – A YOUTUBE VIDEO YOU MAY WANT TO WATCH IF YOU’RE STILL INVESTING IN THE NORTH AMERICAN STOCK MARKETS (https://youtu.be/tSFWhGrDeAY)
by Murray Soupcoff
I don’t know anyone from the organization that created/sponsored this video, recipe and I am not affiliated with them in any way.
Their basic global economic perspective -- that a confluence of recessionary events across the globe (and especially in America) could trigger the equivalent of a world-wide 1930s-like depression -- happen to accrue with my own point of view.
But I could be wrong (as I often am); and these folks could be wrong too -- especially since I have no idea how valid their economic credentials are.
Regardless, viagra buy since it is relevant, let me sum up -- as concisely as possible -- my own point of view below:
Based on what I have learned about historical stock-market & economic cycles, through past research, I expect a global economic crash of significant proportions in the near future -- creating rising costs of living, in the United States in particular, along with declining incomes AND soaring tax burdens for most citizens.
And based on what happened, historically, during previous economic implosions like this, we could possibly expect a rise in anti-government sentiments, expressed in extremist movements on the left & the right of the political spectrum.
Throw in the riots & looting that have accompanied similar past economic disasters like this -- along with the rise of armed extremist militia groups and/or radical college protest movements -- and you have the recipe for social anarchy and the “push back” by government through:
(1) Repression of “dissenters” via background checks;
(2) Intimidation of these “dangerous” elements by the IRS and other “justice” agencies;
(3) Wholesale expansion of the government’s monitoring of suspected domestic “opponents”.
In other words, a world in which President Richard Nixon, of Watergate fame, would have felt quite comfortable … Not to mention President Barack Obama’s kitchen cabinet (can you say “Loretta Lynch, Josh Ernest & Valerie Jarrett, boys and girls?).
Just a reminder that my unfailing cry recently -- in my Twitter investment “posts” (http://stocktwits.com/MurrayS) -- has been that a massive stock market crash is inevitably coming in the United States.
And that’s despite all the great profits currently experienced by today’s foolish & reality-denying U.S. stock-market investors -- profits occurring only because of the continued “artificial” low-interest-rate policies created by the “Fed” (first by Dr. Bernanke and now by Ms. Yellen).
So my cautionary warning: Hold onto your hats & wallets, folks, because this is going to be one bumpy ride!
Because, in my opinion, Fed quantitative easing is just around the corner (perhaps as early as late autumn); and, in my opinion, that’s when the proverbial (pardon the expletive) SH*T hits the fan.
And when Ms. Yellen metaphorically jams on the brake pedal, on quantitative easing, here’s what I think will inevitably happen:
Global stock markets will crash; and HYPER-INFLATION will wipe out the savings of everyone but today’s greedy crony capitalists — like George Soros, Valerie Jarrett and the rest of the green-energy gang who brought you the government-subsidized Solyndra bailout in the U.S.
Hence, thanks to Barack Obama & Nancy Pelosi, there will finally be INCOME INEQUALITY in America.
But it will be EQUAL impoverishment for ALL Americans, except the privileged & spoiled elitists who inflicted this economy policy on the rest of us.
I’ve said it once, and I’ve said it over & over again -- in so many of my recent investment posts:
There is only one political solution to this politically-created economic status quo: a “status quo” that specifically entails (1) rising costs of living; (2) rising taxes and rising unemployment among America’s disadvantaged youth; and (shockingly) (3) a meager .05% annual GDP growth, accompanied by repeated TRILLION dollar deficits.
After all, even a six year old could probably have done better -- managing the U.S. economy -- than America’s current “economic-challenged” community-organizer-in chief!
The only one solution to this “made in America” economic crisis?
In the 2016 elections, Americans should permanently vote out of office all those Democrat Party bums who created this economic mess!
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